Vallianz Holdings has requested for a halt in the trading of its shares, before the opening of Monday's market, citing "pending release of announcement".
Last week, Vallianz said that certain entities within the group have recently received letters from the interim judicial managers (IJMs) of Swiber Holdings and Swiber Offshore Construction (SOC), requesting payments totalling about US$63.5 million, which the IJMs claim to be funds owed to Swiber and SOC.
Vallianz has declined to make such payments, and said it is awaiting a response from the IJMs, and will make further announcements when appropriate.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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